<p>On my common app, i selected "yes" to "Will you be a candidate for need-based financial aid."</p>
<p>how will this affect my chances? my parents can afford any school i'd like to go to, but every bit counts.. so they sorta insisted i check "Yes"</p>
<p>Good question. I was also wondering this. I heard from a friend who said that it doesn't make any difference. But I wonder if it will hurt you in the long run because you can't afford to go unless you get some type of loan.</p>
<p>No, I don't think so if you know that it would be a waste of time to fill out all the forms and send do the ton of work involved with a financial aid application if you are nearly 100 percent sure you aren't going to get any.</p>
<p>it doesn't matter. It absolutely won't hurt you. If your parents can afford any school, chances are, you'll get nothing, but it doesn't hurt to try. The paper work will take an evening, but it's not that horrific.</p>
<p>it all depends on whether the school(s) you applied to are need-blind or need-aware. you will need to check on each school's website.</p>
<p>If the school is need-blind, the fact that you applied for FA will not factor into the admission decision.</p>
<p>If a school is need-award, the fact that you applied for FA will be looked at when the admissions decision is made. If you are not a strong candidate, the fact that you applied for FA may knock you out of the pool.</p>
<p>Also -- if your parents can afford any school, it is highly, highly unlikely that you will receive any FA. Regardless of their income and assets, they can take out parent plus loans -- and if you complete the FAFSA, you can take out an unsubsidized stafford loan for about $2500 each year. Some schools also have work-study for all students.</p>
<p>University of Rochester: I couldn't find any specific information, but very few state universities are need-blind, especially to out of state students. I don't know if you are in-state or out-of-state. </p>
<p>if a school is need blind, that means that it doesn't take into consideration the ability to pay. Which means it isn't a plus if you can pay -- unless, of course, you have enough money to be a developmental admit.</p>
<p>I think every company also says that they do not discriminate against race, sex, age. Stanford is one of very few schools that has enough endowment to eliminate tuition for all students. Most schools would still expect x% of total population to pay full fare.</p>